New Castle, KY Profile: Facts & Data

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New Castle, Kentucky - Basic Facts

The City of New Castle had a population of 909 as of July 1, 2019. New Castle ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Kentucky. See peer rankings below.

The primary coordinate point for New Castle is located at latitude 38.4334 and longitude -85.1697 in Henry County. The formal boundaries for the City of New Castle encompass a land area of 0.41 sq. miles and a water area of 0 sq. miles. Henry County is in the Eastern time zone (GMT -5). The elevation is 833 feet.

The City of New Castle (GNIS ID: 2404359) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Kentucky is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of New Castle is located within New Castle Division of Henry County.


Jump to... (On This Page!)
  1. New Castle 2019 Demographic Data
  2. Growth Rates for New Castle (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Kentucky Research Tools (Easy Tools & Current Data)
  3. Kentucky Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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New Castle, KY Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

New Castle, KY Housing Affordability Index is 142
State of Kentucky Housing Affordability Index is 161
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

New Castle, KY Wealth Index is 34
State of Kentucky Wealth Index is 73
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Kentucky COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 909 (100%)
Population in Households 850 (93.5%)
Population in Families 651 (71.6%)
Population in Group Quarters1 59 ( 6.5%)
Population Density 2,218
Diversity Index2 20
 

INCOME

Median Household Income $35,271
Average Household Income $44,301
Per Capita Income $17,985
Wealth Index4 34

HOUSING

Total Housing Units 416 (100%)
Owner Occupied HU 187 (45.0%)
Renter Occupied HU 182 (43.7%)
Vacant Housing Units 47 (11.3%)
Median Home Value $126,071
Housing Affordability Index3 142
 

HOUSEHOLDS

Total Households 369
Average Household Size 2.3
Family Households 226
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.04% 0.07%
Households 0.0% 0.05%
Families 0.29% -0.18%
Median Household Income   3.79%
Per Capita Income   3.19%

New Castle, KY - Peer Comparisons by Rank and Percentile

The table below compares New Castle to the other 540 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 253 53rd
Population Density # 101 81st
Diversity Index # 212 61st
Median Household Income # 407 25th
Per Capita Income # 455 16th

Additional comparisons and rankings can be made with a VERY EASY TO USE Kentucky Census Data Comparison Tool.

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